1-bedroom flat · PO4 0NQ
To rentListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**exclusive retirement apartment** **1 bedroom** **heating and water bills included** We are delighted to bring to the market this exclusive first floor, one bedroom retirement apartment in Southsea.
The property is located on the ever-requested Festing Road which and is perfectly positioned to take advantage of all that Southsea has to offer and is only a short stroll to both canoe lake and the seafront.
The apartment benefits from a large light and airy lounge with dual aspect windows, a separate kitchen and large double bedroom with dual aspect windows and ensuite shower room.
The apartments are for independent living but do benefit from stair and stair lift access, use of communal gardens, laundry room, lounge plus the apartment has emergency pull cords with staff on onsite 24 hours a day, 7 days a week.
The rental price also includes all heating and water charges. Cal today to arrange a viewing of this not to be missed apartment.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 3 24, Festing Road, Southsea.
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